A third of Americans consider themselves lower class, according to Pew research, compared with a quarter before the recession. The reason? The decline of mid-skilled, mid-wage jobs.
Gen Yers are getting a slower start on their careers, thanks to a soft economy and a changing professional landscape. A recent report finds that these delays have far-reaching impacts for younger workers, who may hit the sweet spot in their careers later than previous generations.
The Department of Labor released the September jobs report yesterday, and the bottom line is that while unemployment is down (7.2 percent, as opposed to 7.3 in August), hiring appears to have slowed. The economy added 148,000 jobs last month, down from 193,000 for August.
Were you one of those lucky few who were able to hold onto your job during the Great Recession, but still feel the pinch when it comes time to pay bills or buy groceries? Well, you are not alone.
It seems probable that the government will shut down at 12:01 tomorrow morning. The question for most of us is, how will this impact our lives?
There's a lot in the news lately about health care reform, but it's hard to separate the wheat from the chaff in terms of real information about what Obamacare will mean for the consumer. The bottom line for folks who will be participating in the health insurance marketplaces is: how much is this going to cost me, and what do I get for what I pay?
It seems to make sense that low minimum wages are the cause of poverty, but that is not necessarily the case. Low wages may not cause poverty as much as not having a job at all.
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